[ET Net News Agency, 5 July 2021] Citi raised its target price for Hopson Dev (00754)
to HK$16 from HK$11 and maintained its "sell" rating.
The research house said it remains concerned on the new investment business on listed
stocks or unlisted equity investment and it believes more evidence on execution and
earnings is needed to prove continuity of the new strategy after the chairman change. (RC)